The two biotechs that are the focus of today’s article have been hot this year, with shares of both having experienced triple-digit growth. The reason? Their respective COVID-19 vaccine development programs, which have moved at lightning-fast speed. The author, however, believes that it may be best to avoid these two stocks, as “neither has much of a track record in drug development. Nor do they have any history of turning a profit, favorable fundamentals, or other products on the verge of commercialization that might justify the current prices.” What are the two stocks in question? CLICK HERE.
The Case Against These Two Hot COVID-19 Vaccine Stocks
- by Alex Clarke
Tags:Biotech InvestmentsCOVID-19 Vaccine StocksOvervalued Biotech StocksPricesSharesStock MarketStocksTriple-Digit GrowthTurning Profit